If bitcoin rose to $1M, what you do? - page 8.

umaOuma

hero member

Activity: 938

Merit: 1000

Quote from: UnknownEye on October 06, 2016, 10:37:17 AM

Quote from: madwica on October 06, 2016, 05:37:01 AM

Correct be wise and practical, i think that is like what i do in my bitcoin if that price would rose to 1 million dollar, but this is not going to happen we are only dreaming someday bitcoin price will be much higher than price right now.

Ya just like you said,for now,the price for bitcoin is $6++ for 1 Bitcoin.For rising into 1 million dollar is impossible.May possible but i don know how long it will take.Maybe when the price for bitcoin already reach 1 million dollar,we already have gone from this world. Cheesy

Yeah and I don't think that bitcoin will ever hold that high price in future, its really struggling even to cross the price of $1k since long time and $1M seems to be out of the reach.

UnknownEye

full member

Activity: 154

Merit: 100

Quote from: madwica on October 06, 2016, 05:37:01 AM

Correct be wise and practical, i think that is like what i do in my bitcoin if that price would rose to 1 million dollar, but this is not going to happen we are only dreaming someday bitcoin price will be much higher than price right now.

Ya just like you said,for now,the price for bitcoin is $6++ for 1 Bitcoin.For rising into 1 million dollar is impossible.May possible but i don know how long it will take.Maybe when the price for bitcoin already reach 1 million dollar,we already have gone from this world. Cheesy

mishra1994u

full member

Activity: 196

Merit: 100

Quote from: crairezx20 on October 06, 2016, 10:32:38 AM

Quote from: dinda22 on October 06, 2016, 10:24:16 AM

Quote from: Sandroxa on October 06, 2016, 10:10:12 AM

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.

I think its impossible that investors are will buy bitcoins if the price is $1 million because i think this is an successful price for bitcoin and the priority of every investors is to buy low and sell high..

Yes not all the investors at that price will be able to sell those bitcoins because there wont be much buyers at that time who will be willing to buy bitcoins at such a high price,only few lucky and fast ones would be able to sell some of those coins.

crairezx20

legendary

Activity: 1638

Merit: 1046

Quote from: dinda22 on October 06, 2016, 10:24:16 AM

Quote from: Sandroxa on October 06, 2016, 10:10:12 AM

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.

I think its impossible that investors are will buy bitcoins if the price is $1 million because i think this is an successful price for bitcoin and the priority of every investors is to buy low and sell high..

dinda22

legendary

Activity: 1232

Merit: 1000

Quote from: Sandroxa on October 06, 2016, 10:10:12 AM

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.

Sandroxa

sr. member

Activity: 350

Merit: 250

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

terman45x

hero member

Activity: 840

Merit: 1000

If price reaches to that level then there is no point in holding them after that, so I will definitely sell all my coins and convert to fiat and invest that money in real estate to earn good profits in future.

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: pandalion98 on June 18, 2016, 07:58:06 AM

Direct opposite of https://bitcointalksearch.org/topic/if-bitcoin-dropped-to-1-what-you-do-1438622

If bitcoin rose to $1M, what you do?

I personally would sell maybe 0.00001 BTC (about $10 if I'm not mistaken).

since after increased priced we can't buy more price because it is very risky to buy bit coin to get profit in high peak price . but I will surely sell my hold bitcoin to get profit of wait .and I will start earn at faucet site .

gerXhonza

hero member

Activity: 812

Merit: 1000

Quote from: sana54210 on October 06, 2016, 09:05:03 AM

Quote from: naidray on October 05, 2016, 03:17:44 PM

Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting 1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.

The one and only prime factor : adoption rate of bitcoin by people and merchants will be deciding the price level of bitcoin. But expecting million dollar levels in quick time is meaningless.

When more number of people are adopting bitcoin they will enforce merchants to adopt bitcoin at the same time when giant merchants adopt bitcoin payment they will attract more people to adopt bitcoin payments. Adoption rate is the key here.

Exactly, adoption will have effects on the both ends, it can take price higher in future and if there are more users that will make more merchants to get into bitcoin and it will also attract many people to know about bitcoin who are not aware about it.

Pakyak

newbie

Activity: 2

Merit: 0

Sell them so I could be rich ofcourse

sana54210

legendary

Activity: 3346

Merit: 1128

Quote from: naidray on October 05, 2016, 03:17:44 PM

Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting 1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.

The one and only prime factor : adoption rate of bitcoin by people and merchants will be deciding the price level of bitcoin. But expecting million dollar levels in quick time is meaningless.

When more number of people are adopting bitcoin they will enforce merchants to adopt bitcoin at the same time when giant merchants adopt bitcoin payment they will attract more people to adopt bitcoin payments. Adoption rate is the key here.

torrentheaven

hero member

Activity: 952

Merit: 1000

Quote from: 23dzmaz on October 06, 2016, 08:25:25 AM

If bitcoin rose to $1m, i will sell all my bitcoins all invest it at another sites or other cryptocoins. It's insane though, the price of bitcoin rise to $1m, it will be a big news around the world.

Exactly it will create an revolution in the financial world if it ever hits that price and people who are not showing any interest in using them at a moment will surely regret on their decision.

23dzmaz

sr. member

Activity: 420

Merit: 250

If bitcoin rose to $1m, i will sell all my bitcoins all invest it at another sites or other cryptocoins. It's insane though, the price of bitcoin rise to $1m, it will be a big news around the world.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: Adwoif on October 06, 2016, 07:19:10 AM

I do not have many Bitcoin but even I would sell my Bitcoin if the price was at one million because even with halve a Bitcoin you then can become rich.
I think that I would not be the only one everybody would be looking to sell there Bitcoin.

Yeah if price reaches to that point then everyone will prefer to sell all their coins and grab the huge profits and I think that is the right thing to do as after that price may crash down.

digaran2

sr. member

Activity: 478

Merit: 250

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.

Adwoif

newbie

Activity: 24

Merit: 0

I do not have many Bitcoin but even I would sell my Bitcoin if the price was at one million because even with halve a Bitcoin you then can become rich.
I think that I would not be the only one everybody would be looking to sell there Bitcoin.

audaciousbeing

hero member

Activity: 1330

Merit: 569

That would be a joyful thing to me and would mean the end of poverty to major climes of the world imagine just possessing a ten percent of that and then converting that to FIAT in my local currency, then I am sure and definitely certain I am rich and won't bother to work my ass off any longer. But this is just hope and speculation in which the chance of happening is slim.

mark coins

hero member

Activity: 910

Merit: 1000

Quote from: Bitcoinbro on October 06, 2016, 05:34:15 AM

If bitcoin rose to 1M I would definitely sell all my bitcoin and make sure to invest my fiat in a more stable safe place than bitcoin.
I wouldn't risk that much money in bitcoin ofcourse I would still put a certain amount in bitcoin though.

Yes we can afford to have little amount of bitcoin at that stage even after selling most of them at that price as we never know what will be the price in future so its good to keep some of them for future.

madwica

hero member

Activity: 714

Merit: 531

Quote from: Bitcoinbro on October 06, 2016, 05:34:15 AM

If bitcoin rose to 1M I would definitely sell all my bitcoin and make sure to invest my fiat in a more stable safe place than bitcoin.
I wouldn't risk that much money in bitcoin ofcourse I would still put a certain amount in bitcoin though.

Correct be wise and practical, i think that is like what i do in my bitcoin if that price would rose to 1 million dollar, but this is not going to happen we are only dreaming someday bitcoin price will be much higher than price right now.

Bitcoinbro

sr. member

Activity: 420

Merit: 250

If bitcoin rose to 1M I would definitely sell all my bitcoin and make sure to invest my fiat in a more stable safe place than bitcoin.
I wouldn't risk that much money in bitcoin ofcourse I would still put a certain amount in bitcoin though.

Topic: If bitcoin rose to $1M, what you do? - page 8. (Read 29537 times)